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Forex – Bonds – SP500 – Precious Metals – Crude Oil – Grains – Livestock – Softs – Tuesday March 04 2014 Morning Commodity and Futures Investment Comments Newsletter by FuturesCom

Morning Investment and Day Trading Comments Tuesday March 04, 2014 Equity Futures •  Indices • Treasuries • Forex • Precious Metals • Crude Oil  • Grains • Livestock • Coffee • Sugar • Cocoa.  Free Two Week Trial see  https://futurescom.com/free-trial

“Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable – ranks high. There are certain chances that the most prudent man is justified in taking – chances that he must take if he wishes to be more than a mercantile mollusk–”  – Reminiscences of a Stock operator. –


Monday March 03, 2014
3:30 PM, South Florida Beach Time


THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support should appear 16,150.00 to 16,090.00.
Resistance is at the 16,420.00 to 16,550.00 region.

MARCH E-MINI SP500

Resistance should appear near 1858.00 to 1865.00 and the 1902.00 to 1909.00 region.
Support should appear near 1840.00. Below that the 1822.00 to 1808.00 region should hold.

 

 

 

NASDAQ COMPOSITE

Resistance should appear near 4304.00 to 4315.00 and 4370.00 to 4381.00

Support should appear near 4276.50 and the 4249.00 to 4238.00 region.

MARCH E-MINI NASDAQ 100

Support should appear near 3663.00 and the 3623.00 to 3613.00 region.

Resistance is at 3734.00 to 3743.00 beyond that a test of 3795.00 to 3806.00 is likely

MARCH E-MINI RUSSELL 2000

Resistance should now appear at 1192.00 to 1203.00, beyond that a trade towards 1217.50 is likely
Support should appear near the 1169.00 to 1164.00 region.


JUNE 30 YR BONDS

Resistance should appear near 134-07 and 134-21
Support should appear near 133-07 and 132-21

JUNE 10 YR NOTE

Resistance should appear near 125-07 and 125-21

Support should appear near 124-07 and 123-21                                                   

 

 

                                                THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX

Resistance should appear near 8029 to 8044.

Support should appear near 7954 to 7939

MARCH JAPANESE YEN
Resistance should appear near 9873 and 9921 to 9937
Support should appear near 9737 to 9706 and 9641 to 9625      

 

 

 

MARCH EURO CURRENCY

Support should appear near 13460 to 13340.
Resistance should appear near 137700 to 13830


MARCH SWISS FRANC

Resistance should appear near 11360 and 11500.

Support is near 11300 and 11155

MARCH BRITISH POUND

Support should appear near 16550 to 16420.

Resistance remains near 16890 to 16960.
MARCH CANADIAN DOLLAR

Resistance should appear near 9044 to 9060
Support should appear near 8964 to 8934

MARCH AUSSIE DOLLAR

Support should appear near 8871 to 8856 and 8777 to 8762
Resistance should appear near 8934 to 8964 and 9044 to 9060

                                                     THE PRECIOUS METALS

APRIL GOLD

Resistance should appear near 1377.0 to 1383.0.

Support should appear near 1346.0 to 1334.0

MAY COPPER
Resistance should appear near 32610 to 32700

Support should appear near 31570 to 31480

 

 

 

MAY SILVER

Support should appear near 2089 to 2080, below that a test of 2042 to 2034 is likely

Resistance is at 2170 to 2185 and 2219 to 2226
                                                                                      

                                                         THE EXCITING ENERGIES

APRIL CRUDE OIL

Resistance should appear near 10580 to 10680

Support should appear near 10360 to 10320

 

APRIL BRENT CRUDE OIL
Resistance should appear near 11155, beyond that as test of 11300 to 11360 is likely          

Support should appear near 11010 to 10960 and 10820.

 

APRIL HEATING OIL

Support should appear near should appear near 30450 to 30360 and 29900 to 29720
Resistance should appear the 30920 to 31020, beyond that a test of 31480 to 31570 is likely

 

APRIL UNLEADED GAS

Support should appear 29900 to 297320 and the 29370 to 29280 region

Resistance should appear near 30360 to 30450, beyond that a trade towards 30920 to 31020 is likely

APRIL NATURAL GAS

Resistance should appear at 4845 to 4856

Support should appear near 4315 to 4304                

 

 

 

 

 

 

 

 

                                                          THE GRANDE’ GRAINS

MAY SOYBEANS

Support should appear near 1383 to 1377, a close under is negative and augurs for a test the 1334 to 1346 region.

Resistance should appear near 1415 to 1421 and 1453 to 1459

 

JULY SOYBEANS
Support should appear near 1346 to 1334

Resistance should appear near 1383 and 1399

 

MAY SOYOIL
Resistance should appear near 4304 to 4315
Support should appear near 4120 to 4110.

MAY SOYMEAL

Resistance should appear near 450.3 to 451.4 and 463.9 to 465.0

Support should appear near 444.6 to 442.5 and 438.1 to 437.0
MAY CORN

Support should appear near 451 ½ to 450 ¼
Resistance should appear near 477 ½ to 478 ½

 

MAY WHEAT

Resistance should appear near 641 ¾ to 643 and 648 ¾ to 650 ¾

Support should appear 619 to 616 1/2 and 595 ¾ to 594 ½

 

 

 

 

 

                                                 THE LIVELY LIVESTOCK

APRIL CATTLE
Support should appear near 14210 to 14150.

Resistance should appear near 14530 to 14590

 

JUNE CATTLE

Support should appear near 13460 to 13340, below that a test of 13100 to 13040 is likely

Resistance should appear near 13517 and 13612

APRIL HOGS

Support should appear near 10680 to 10580

Resistance should appear near 10960 to 11010


JUNE HOGS

Support should appear near 11010 to 10960.

Resistance should appear near 11300 to 11360
                               

 

                                                  THE SATISFYING SOFTS

MAY COFFEE

Support should appear near 19520 to 19450 and 17380 to 17310.

Resistance should appear 20340 to 20420 and 20800 to 20890


MAY COCOA

Resistance should appear near the 2972 to 2990 region.

Support should appear near 2883 to 2874.
 

 

 

 

 

MAY SUGAR

Resistance is near 1808 to 1822
Support should appear near 1738 to 1731
MAY COTTON

Support should appear near 8683 to 8668 and 8589 to 8560
Resistance is at 8856 to 8871 and 8934 to 8964.

 

 

-A Ship in Harbor is Safe…But that is not what ships are built for –

 

Happy Trading!

Bill wil@futurescom.com

Monday March 3, 2014 4:30 PM South Florida Beach Time

THIS PUBLICATION IS SUBJECT TO REVISIONS AND CONTAINS THE VIEW AND OPINIONS OF THE AUTHOR, EXCEPT WHERE OPINIONS ARE ATTRIBUTED TO OTHER SOURCES. WRITTEN PERMISSION IS REQUIRED PRIOR TO ANY DISTRIBUTION OR REPRODUCTION. FUTURES AND FOREIGN EXCHANGE TRADING IS RISKY AND CAN CAUSE SUBSTANTIAL FINANCIAL LOSS. THE USE OF OPTIONS AND OPTION TRADING INVOLVES A HIGH DEGREE OF RISK. THE USE OF STOPS MAY NOT LIMIT LOSSES TO INTENDED AMOUNTS. SPREAD POSITIONS MAY NOT BE LESS RISKY THAN OUTRIGHT FUTURES POSITIONS, FOREIGN EXCHANGE AND OPTIONS. TRADING FUTURES AND FOREIGN EXCHANGE ON MARGIN CARRIES A HIGH LEVEL OF RISK AND MAY NOT BE SUITABLE FOR ALL INVESTORS. PLEASE TRADE WITH CAPITAL YOU CAN AFFORD TO LOSE. PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. NO SOLICITATION IS MADE HERE FOR INDIVIDUALS TO BUY OR SELL FUTURES CONTRACTS, FOREIGN EXCHANGE OR OPTION MARKET. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY. READERS ARE SOLEY RESPONSIBLE FOR HOW THEY USE THE INFORMATION AND FOR THEIR RESULTS. YOU SHOULD BE AWARE OF ALL THE RISKS ASSOCIATED WITH FUTURES AND FOREIGN EXCHANGE AND SEEK ADVICE FROM AN INDEPENDENT FINANCIAL ADVISOR IF YOU HAVE ANY DOUBTS, THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FUTURES AND FOREIGN EXCHANGE TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. INTERNET RISKS ; THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET BASED SERVICE INCLUDING BUT NOT LIMITED TO, FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION, FUTURESCOM EMPLOYS BACK-UP SYSTEMS AND CONTINGENCY PLANS TO MINIMIZE THE POSSIBILITY OF SYSTEM FAILURE.

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